Sun Pharma

                                                                  Sun Pharma daily chart (click on chart to zoom)

 Sun Pharma today broke its downward trending line and closed above it with good volume. Also, it has given breakout from Cup and Handle formation which is bullish sign. Stock is trading above 20, 50, 100 and 200 DMAs from some time. It should touch 545 in short term.
Stop loss should be at 509 on long position.
CMP -525

Dabur Ltd

                                                               Dabur daily chart (click on chart to zoom)

 Dabur on daily chart broke the wedge pattern. It is in uptrend since last few trading sessions with rising volumes day by day. Both stochastic and RSI have made positive crossover, which confirms the uptrend
Stock to touch 105.5 in coming sessions stop loss at 99 is recommended.
CMP - 100,85

Indiabulls Real Estate Ltd

                                      Indiabulls Real Estate daily chart (click on chart to zoom)

 Like all other real estate companies Indiabulls Real Estate also was bitten by market and now it is trading in oversold territory. Today's bounce back from trendline support confirmed short term bounce back. We think that today's bounce back is likely to continue in coming sessions also.
Traders can buy stock with target of 68 and stop loss at 60.
CMP today was 63.3.

Strides Arcolab Ltd

                                                          Strides Arcolab daily chart (click on chart to zoom)

 Strides Arcolab is in strong uptrend making high tops higher bottom although our main index is making low tops lower bottoms and now it is near 52 week high although our main index sensex in at 52 week low. Stock is also trading above 20 and 50 DMAs which confirms the uptrend. We think that stock should continue its uptrend which is also confirmed by crossing of 20 DMA above 50 DMA which is bullish sign. Stock is likely to touch 430 in short term.
Keep a stop loss at 400
CMP as on today is 407.65

Lupin Ltd

                                                                    Lupin Ltd daily chart (click to zoom)

 Lupin is trading in 'rising wedge pattern' which is bearish pattern. Its bearish trend is confirmed by the way it broke all its important moving averages like 20, 50 & 100 DMAs. This downtrend is likely to continue in coming sessions.
CMP as on today is 455.95
target - 440
Stop loss - 465

Bata India Ltd

                                                              Bata India daily chart (click to zoom)

 Bata has formed double top in 700-740 price range indicating trend reversal from bullish to bearish. Stock rallied this year from 350 levels in jan 2011 to 700 in nov 11, despite bearish trend in our main index. Stock also slipped below its key averages like 20 and 50 DMAs. Traders can short the stock with target of 645 in short term.
Stop loss should be maintained at 700 levels.
CMP - 676 as on 14 Nov 11.

Glenmark Pharma

                                                                     Glenmark Pharma daily chart (click to zoom)

 Glenmark on friday showed bullish engulfing candle stick pattern and also broke the resistance at 330.
Upward target of the stock in short term is 350 and in medium term is 370.
Stop loss at 325 recommended.

Wipro Ltd

                                                                       Wipro daily chart (click to zoom)

 Wipro on daily chart has broken out from CUP and HANDLE formation. Its 20 DMA has also crossed over 50 DMA and now it is above the latter, this confirms the uptrend.
Stock should kiss 400 level in short term.
One can use a stop loss at 370.
CMP as on today is 382.10

Yes Bank

                                                              Yes Bank daily chart (click to zoom)

 Yes bank on daily chart formed a bearish engulfing candle stick. Double top formation also confirms bearish trend in short term.
One can short Yes bank with short term target of 300 and stop loss at 315.
CMP  - 309

Arshiya International Ltd.

                                                     Arshiya daily chart (click to zoom)

 Arshiya on daily chart has broken from its consolidation zone at 154 level and is likely to continue its uptrend and touch 175 level soon. All its important daily moving averages like 20, 50 and 100.
One should maintain a stop loss at 155.
CMP on friday was 163

Welspun Corp Ltd

                                                      Welspun Corp daily chart (click to zoom)

 Welspun on daily chart formed double bottom yesterday near 102 level. It has also taken support from lower band of bollinger yesterday with higher trading volume than average daily volume for the stock. Its short term target is 122 with stop loss below 100.
CMP - 104.65 as on yesterday

Lupin Ltd

                                                                 Lupin daily chart (click to zoom)

 Lupin on daily chart is trading in rising wedge pattern and trading well above 20 & 50 DMAs since long time.
Stock should touch 490 soon.
One can go long on stock with stop loss of 466.
CMP as on today is 476.

Larsen & Toubro Ltd

                                                                                      L & T daily chart (click to zoom)

 LnT on daily chart has broken down from the base of Head and Shoulder pattern. Heading downwards to 1350. Keep a stop loss of 1400 on short positions.
CMP as on yesterday is 1390.

Indiabulls Financial Services Ltd

                                                          Indiabulls Financial daily chart (click to zoom)
  Narrowing triangle on daily chart indicates breakout on upside in coming trading sessions. Volumes were high yesterday indicating block deals at current level. Stock to zoom to 165 in short term.
Stop loss - 148
CMP as on 31 oct 11 is 153